High-performance Vehicle – Global Market Outlook (2017-2023)”
report has been added to ResearchAndMarkets.com’s
Off road vehicles can be driven on and off gravel or paved surfaces.
These vehicles are categorized by the existence of open treads, large
tires and stretchy suspension.
Growing number of aftermarket conversion shops and rising attractiveness
of off road racing and rallies are some predominant drivers in the
market. However, some few pivotal factors hindering the growth of this
market include environmental concerns and increasing number of stringent
Owing to the popularity of the entry-level and mid-sized SUVs that are
increasing the demand for SUVs in the American and European market, the
OEM segment is expected to dominate this market during the forecast
In terms of geography, the Americas will account for about 51% shares of
the off-road high-performance vehicle market by 2020 and will also
dominate this industry throughout the forecast period. The region’s high
growth will be mainly attributed to the high popularity of off-road
racing events and aftermarket off-road conversions of vehicles,
especially SUVs and trucks.
Scope of the Report
End Users Covered:
Vehicle Types Covered
For more information about this report visit https://www.researchandmarkets.com/research/2rpltw/offroad?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180619006418/en/